Italian Scientists Demonstrate Cold Fusion?

If this is true: its a very big deal. Maybe this is exactly what we finally need in order to truly kickstart the future: nearly limitless energy.

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“Italian scientists Andrea Rossi and Sergio Focardi of the University of Bologna announced that they developed a cold fusion device capable of producing 12,400 W of heat power with an input of just 400 W….when the atomic nuclei of nickel and hydrogen are fused in their reactor, the reaction produces copper and a large amount of energy. The reactor uses less than 1 gram of hydrogen and starts with about 1,000 W of electricity, which is reduced to 400 W after a few minutes. Every minute, the reaction can convert 292 grams of 20C water into dry steam at about 101C. Since raising the temperature of water by 80C and converting it to steam requires about 12,400 W of power, the experiment provides a power gain of 12,400/400 = 31.”